Covina, CA. – February 23, 2012 - Olson Homes, Southern California’s leading developer of in-town living, is proud to announce that its new community Citrus Walk is among a host of other new improvements in the community of Covina. While Olson is building the mixed-use community of Citrus Walk to enliven and rejuvenate downtown Covina, the Covina Redevelopment Agency is celebrating the official grand opening of Heritage Plaza Park this week. Simultaneously, the City of Covina is working on studies to improve the pedestrian connections in the downtown area, and recently completed a bike plan for the City.
Citrus Walk, the Olson Company’s fifth new urban living residential development in the Covina area, brings a new style of in-town living to Covina, offering fresh thinking, innovative design, and modern style. The Citrus Walk community features 37 townhomes and 8,000 square feet of new retail space along downtown Covina’s Citrus Avenue, with 8 flats offered as affordable housing over the new retail storefronts. The townhomes, each with approximately 1,600 square feet and three stories, have 3 bedrooms, 2 baths and 1-2 powder rooms, and 2-car garages. The recently released flats offer up to 1500 square feet, 3 bedrooms and several floor plan options.
The homes, built to exceed LEED green living standards, feature energy efficient amenities including Energy Star appliances; water efficient and lead-free faucets; highly water efficient toilets; auto shut-off motion sensors in all baths, space saving tank-less water heaters, and built-in recycle bins, among many other features.
“The Olson Company is proud to be a partner in the Covina community,” said Scott Laurie, President of Olson Homes. “We are creating a residential community that will be an important part of the local landscape, as well as providing an opportunity for increased revenues for the city through new retailers.”
The Citrus Walk community is adjacent to the all new Heritage Park Plaza, a Covina Redevelopment Agency project. The Plaza, resulting in a transformation of Downtown Civic Center Park, will feature a platform stage for open-air performances, a “Heritage Walk” with historical city elements, a tot lot, and a revamped courtyard/town square. Designed to improve park function, the updates will add additional trees and retain as many of the existing trees as possible. The park is now open to and providing enjoyment to all current Citrus Walk homeowners, giving Citrus Walk residents a beautiful park in their very own “backyard.”
The City’s Metrolink station is two blocks north of the Citrus Walk community. The City is working to enhance pedestrian connections with transit in the downtown area to encourage residents to take advantage of the various public transportation options available to them. Covina is one of only a few cities that offer a Bikestation bicycle storage facility at the Metrolink Station, allowing residents the freedom to ride their bikes to the station and store them in a safe and secure location.
The Olson Company’s numerous successful urban living developments across Southern California over the last 22 years reflect its commitment to today’s homebuyer. The Olson Company has garnered prestigious Eliant Awards for homeowner satisfaction, including a recent overall win for Mosaic Walk, which was in first place from almost 900 nationwide home communities. The Olson Company believes in “livability,” and implements a thoughtful and detail-oriented approach from concept through execution. As part of their unique approach to creating these communities, The Olson Company understands all that goes into buying a new home and provides ongoing tailored services to support the needs of its homeowners, including financial education and the exclusive Homeowner Champion Program.
There are still homes available at Citrus Walk. The Citrus Walk sales center is located at 158 Italia Street Covina, CA 91723. To learn more about Citrus Walk, the Olson Company online tools, and how you can own new now, please visit CitrusWalk.com.
Montebello, CA. – November 3, 2011- The Olson Company announces a 48-hour sale at its premier Rio Walk community near downtown Montebello. On Saturday and Sunday, November 4-5, the Sales Center, located at 947 S. Bluff Road, Montebello, CA 90640, will be open from 10am to 6pm. Visitors can take advantage of incredible deals including up to $20,000 off of new townhomes loaded with modern features and community amenities, located just 8 miles from downtown Los Angeles.
The Rio Walk townhomes have up to 1,774 sq. ft. and up to 4 bedrooms, from the high $200s with a 3% broker co-op. The LEED-certified homes offer several green and stylish design features, as well as extensive personalization options, to make your home truly your own.
“The Rio Walk homes are an exciting opportunity to live close to the heart of the new downtown LA at an affordable price,” said Scott Laurie, COO of The Olson Company. “We are excited to offer this weekend sale to assist buyers in realizing their dream of home ownership.”
Rio Walk is conveniently located near Los Angeles hotspots: stimulating nightlife, boutique shopping, entertainment, culture, museums and more. The community features panoramic mountain views and pretty, tree-lined streets with bike trails — just the hometown feel you’ve always dreamed about. Put it altogether and it’s Montebello charm with an L.A. vibe — the ultimate combination for today’s busy lifestyles.
The Olson Company’s numerous successful urban living developments across Southern California over the last 22 years reflect its commitment to making the homebuyer top priority. The Olson Company believes in “livability,” and implements a thoughtful and detail-oriented approach from concept through execution. As part of their unique approach to creating these communities, The Olson Company understands all that goes into buying a new home and provides ongoing tailored services to support the needs of its homeowners, including financial education and the exclusive Homeowner Champion Program. Additional communities now selling include Mosaic Walk (Garden Grove), Heritage Walk (Paramount), Willow Walk (Compton) and Citrus Walk (Covina).
The Rio Walk Sales Center is located at 947 S. Bluff Road, Montebello, CA 90640. For more information about Rio Walk, please visit riowalkhomes.com or call 323-720-9112.
About The Olson Company
Established in 1988, The Olson Company and the Olson Homes brand are nationally recognized for creating unique in-town neighborhoods in urban communities throughout California. Headquartered in Seal Beach, California, The Olson Company has successfully partnered with governmental agencies and private landowners to create innovative housing solutions designed to fulfill the lifestyle needs of today’s buyer.
Have you ever wanted to say you live in a MODEL HOME? Well now you can! Mark your calendar for this Saturday September 3rd at 10AM. That’s when we will release the Rio Walk model homes for sale.
Everyone will agree that one of the best things about home shopping are looking at the beautifully designed models. You wonder what it would be like to live there knowing you’ll never be able to duplicate how beautifully everything just works together so seamlessly. Well, you won’t want to miss this great opportunity to stop dreaming and start living by owning the best decorated homes in the community.
To refresh your memory a bit, our beautifully decorated models feature the following upgrades and features:
Plan 1 Model Home features: 2 bedrooms | 2.5 baths | approx. 1,329 sq. ft. Pack your bags and get ready to move in! You’ll be greeted by a beautiful slate tile entryway leading to the finished two car garage with your very own “Man Cave”! Granite countertops in baths and kitchen, slate tile flooring throughout, and upgraded with stainless steel appliances.
If you just can’t wait for Saturday, you can call us today for our SPECIAL PRICING on this home.
Our Plan 3 Model Home features: 3 bedrooms + den | 4 baths | approx. 1,774 sq. ft. This large 3 bedroom model home is a must see! Gorgeous wood flooring greets you with a spacious downstairs den leading to your two car garage. This beautiful home is an entertainers dream with a large open deck perfect for treating friends and family to a lovely evening in your new home.
If this home is what you have been looking for, you can call us today for our SPECIAL PRICING on this home.
Be sure to get here early this Saturday to be the first in line for these beautiful model homes. You will be glad you did!
You work hard all week long and sometimes those weekends seem so far away. That’s why on August 24th Rio Walk is hosting a Model Home Happy Hour from 5pm to 7pm thus bringing the weekend that much closer.
Did you ever have a date with a beautiful model at night? Now you can! We know that weekends are jam packed with endless chores and those annoying “to do” lists that keep us from having any time left over for fun. That’s why we are staying open late this summer and accommodating those of us who can take a break before heading home, slip into a nice glass of wine, and stroll Rio Walk’s beautiful model homes.
JOIN US: August 24th | TIME: 5p to 7p | MUST BE 21 or OVER | ID at Door
Bring this blog post for admission to our 48 HOUR RATE SALE this weekend only on select homes. We have negotiated a Rock Bottom 3.875% 30 Year Fixed* interest rate JUST FOR YOU!
Take advantage today on this beautiful Rio Walk home:
* MLS: P791043
* HOMESITE: LOT 4 PLAN 3
* BEDS: 3 + DEN
* BATHS: 3.5
* SQ FT: 1,774 approx.
* JUST REDUCED! $379,990 Call for DOWN PAYMENT and details
* LOW MONTHLY PAYMENT OF: $2,523* INCLUDING TAXES, INSURANCE, AND HOA
* FEATURES: UPGRADED! Kitchen has dark wood cabinetry, wood flooring, upgraded carpeting and stainless steel appliances!
Bring this letter with you to secure this special offer!
*Special Interest Rate Offer available only on selected homesites listed above. Monthly payment based on a Conventional 30 year fixed loan at a 3.875% interest rate and APR of 4.217% after a 10% down payment. Payment includes HOA dues, estimated property tax and insurance. Rate and estimated payment are subject to change based on buyer credit worthiness and other factors.
**Monthly payment based on a conventional 30 year fixed FHA loan at a 3.625% interest rate and APR of 4.838% with after a 3.5% down payment. Payment includes HOA dues, estimated property tax and insurance. Not all buyers will qualify for FHA financing which may change the monthly payment and/or minimum down payment requirement from advertised estimates. Olson Homes reserves the right to make changes to prices, programs, features, floorplans, availability, scheduling and delivery of homes, terms and conditions without prior notice or obligation. All home square footage is approximate, and pricing is effective at date of publication deadline. Realtors must register their client prior to first visit to the community to be eligible for commission. 3% Broker Co-op. See broker registration form for terms and conditions. See Sales Counselor for details.
COVINA, CA. – July 28, 2011 – The Olson Company, the leading developer of in-town urban living, announces the debut of two communities within a 20 minute commute to downtown Los Angeles. Citrus Walk, located in the heart of downtown Covina and within walking distance to shops, restaurants, and MetroLink, and Rio Walk in Montebello just 8 miles from LA Civic Center. Both communities offer LEED Certified homes that are innovatively designed to fit active, urban lifestyles.
Citrus Walk is The Olson Company’s fifth new urban living residential development in the Covina area. The Citrus Walk community will offer 37 townhomes and 8,000 square feet of new retail space along downtown Covina’s Citrus Avenue, with 12 flats over the new retail storefronts. The townhomes, each with approximately 1,580 square feet and three stories, will have 2-3 bedrooms, 2 baths and 1-2 powder rooms, and 2-car garages. Metrolink’s Express service from the Covina station is a fast pass to downtown LA and just a short walk from Citrus Walk’s front door.
With prices starting in the high $290,000’s, Rio Walk is an exceptional value and highly desirable option for prospective homebuyers looking to live in the heart of Los Angeles County close to employment centers, retail, dining, transportation, recreation and entertainment.
Rio Walk is located in historic Montebello and just 8 miles from downtown Los Angeles and the newly opened L.A. Live Entertainment Complex adjacent at Staples Center. Montebello’s neighborhood community features rolling hills, bike baths and much more while providing quick access to the newly created downtown Los Angeles entertainment district, giving many young homebuyers the option of having the best of both worlds close at hand. Combine this great location, affordable pricing, and under 20 minute commute to LA; the choice for selecting a new home becomes clear to understand.
The homes, built to exceed LEED green living standards, feature energy efficient amenities including Energy Star appliances; water efficient and lead-free faucets; highly water efficient toilets; auto shut-off motion sensors in all baths, space saving tank-less water heaters, and built-in recycle bins, among many other features.
“The Citrus Walk community represents the culmination of years of work with the City of Covina to create a new brand of ‘walkable’ community within Covina’s downtown, offering the best of an in-town lifestyle,” said Steve Olson, Chairman/CEO of The Olson Company. “Located close to shops, restaurants, and MetroLink’s new San Bernardino Express line, Citrus Walk embraces and caters to active lifestyles.”
The Olson Company’s numerous successful urban living developments across Southern California over the last 22 years reflect its commitment to the homebuyer as top priority. With its notable homeowner satisfaction, The Olson Company has garnered prestigious Eliant Awards in six categories in 2010, including a number one ranking for the “Design Selection” experience, and second for delivering an incredible experience during the Purchase, Construction, and Customer Service phases, and ranked second for “Overall Quality” and “Sales from Referrals.” The Olson Company believes in “livability,” and implements a thoughtful and detail-oriented approach from concept through execution. As part of their unique approach to providing these communities, The Olson Company understands all that goes into buying a new home and provides tailored services to support the needs of homebuyers, such as financial education and continued support services.
The Citrus Walk sales center is located at 158 Clementine Court Covina, CA 91723. To learn more about Citrus Walk please visit CitrusWalk.com.
The Rio Walk sales center is located 945 S. Bluff Road Montebello, CA 90640. To learn more about Rio Walk please visit riowalkhomes.com.
Heritage Walk in Paramount celebrated it’s Model Home Grand Opening on Saturday, attracting hundreds of excited homebuyers. The celebration was a hit with both kids and grown ups. While some were there to just satisfy curiosity, many were there to purchase their first new home. By the end of the day, only 13 of the 17 homes remained.
For more pictures, visit our Facebook page.
Come one, come all to the Grand Opening Event of the year! Heritage Walk has pulled out all the stops in creating an authentic country fair in celebration of our new model home unveiling.
Creating a memory filled day with tents, hay, and food booths serving up such delectable fun fair foods all guaranteed to satisfy your mid day munchies fix. Hot dogs and all the fix-ins’, popcorn, lemonade, and cotton candy will provide you with the energy to play great carnival games for prizes.
For the little ones, Princess Pipsqueak will be here for face painting and making amazing balloon animals!
Hope to see you here Saturday May 14th!
For more details CLICK HERE
Bring a camera to share your Country Fair photos with us on Facebook.
Seal Beach, CA (Vocus/PRWEB) April 13, 2011 – It happens this time every year. Thousands of landlords across the southland send notification to their tenants that an increase of up to 10% will be added to their current monthly payment for rent. While a common reaction will be to just bite the bullet and renew at the higher payment, many smart homebuyers are weighing the option of making a home purchase instead. For those individuals, Olson Homes is offering 6 new home communities with payments comparable to what the landlord wants for rent. Michelle Johnson VP of Sales and Marketing for the Olson Company points out “With landlords raising rents again, many renters are considering home ownership as a way to control costs”
“But looking for a great loan just got a bit harder” said Michelle Johnson remarking on the recent FHA move. “One of the best loan programs out there today is from FHA, which allows buyers to purchase a home with only 3.5% down combined with flexible guidelines. However, with two critical FHA guidelines about to change, securing these loans will become increasingly difficult. Financial institutions are urging homebuyers who plan to take advantage of FHA financing to lock in their purchases now before the changes take effect later this month. This is why Olson Homes is trying to educate buyers on the value of home ownership over renting.” Michelle also points out that Olson Homes understands what today’s young buyer is looking for and builds communities based on today’s lifestyle values.
Adding to the challenge is a second change the FHA will be rolling out this month. “The FHA is severely limiting the number of loans they will allow in a condominium community to only 30%, which means the FHA is anticipating that they will be running out of loans before the summer even begins” says Ruby Johnson, VP of DRE/Escrow for Olson Homes. “With only a finite number of cases available many home shoppers will have to go with higher cost conventional financing. When the money runs out, most buyers will need to put 10%-20% down for conventional financing.” In this economy, that may put potential homeowners out of the market and right back into the rental market. The choices are either pay the rent increase or move again in search of an affordable alternative.
Many worry that with interest rates set to rise, with that in mind, they are moving forward with a home purchase now rather than wait. This way they are locking in an interest rate below 5%, making their monthly payments comparable to what they were paying in rent.
With 6 great new home communities located throughout Southern California, Olson Homes has a new home community perfect for young urban lifestyles designed to help kick the rental habit.
Olson Homes is currently helping new homebuyers fire their landlords with the following communities: Mosaic Walk in Garden Grove, from the low $300,000′s, Rio Walk in Montebello, California priced from the 290,000′s, Willow Walk in Compton, California priced from the mid $200,000′s, Sycamore Walk in Garden Grove, California priced from the mid $400,000’s, Citrus Walk in Covina, California now forming an interest list with new townhomes and flats from the mid $300,000′s, and Heritage Walk in Paramount, California offering new single family detached homes from the high $200,000′s.
To learn more about these Olson Homes communities, visit OlsonHomes.com/smartbuy.
Olson Homes’ latest community, Citrus Walk in Covina, has officially launched a brand new website. Visit www.citruswalk.com to check out all the great interactive features, view floor plans, explore the area and so much more! Be sure to check back often for special offers, new releases and great homebuyer tips and news. If you Facebook, YouTube or Tweet, be sure to join us on those sites too!
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